Fund Performance
Lumpsum
SIP
5.48
as on 07 Jun 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,739 today.
NAV Performance
Fund Information
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₹ 3,221.510
as on 07 Jun 2023 -
Regular - Growth
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3 / 17
-
₹ 5,000
-
₹ 9,911 Cr.
as on 31 Mar 2023 -
0.67%
-
23 May 2020
-
CRISIL 10 Year Gilt Index
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Kotak Mahindra Mutual Fund
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Highlights of this fund
Kotak Corporate Bond Fund Standard is an Open-ended Debt Fund. The fund belongs to Corporate Bond Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 23 May 2020. This fund is offered by one of the top AMC (Assets Management Company) Kotak Mahindra Mutual Fund. You can also view here all other Debt funds offered by Kotak Mahindra Mutual Fund.
Latest NAV of the fund is ₹ 3,221.510 as on 07 Jun 2023.
This fund has 3 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.67%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA+ and above rated corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.
List of Fund Managers of Kotak Corporate Bond Fund Standard
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About Vihag Mishra
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About Manu Sharma
Mr. Sharma has done M.Com and CA. He has over 17 years of experience in fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation.
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About Deepak Agrawal
Mr. Deepak Agrawal's career started from Kotak AMC when he joined the organisation in December 2002. He was initially in Research, Dealing and eventually moved into Fund Management from November 2006.He holds a Post Graduate Degree in Commerce from Mumbai University, and is a qualified chartered account and a company secretary. He has also cleared AIMR CFA Level I.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.22% | 0.90% | 3.44% | 4.53% | 8.58% | 5.39% | 6.23% | 8.01% | 8.00% | 8.75% | 6.33% | 5.94% | 6.65% | 7.51% |
| Category Average | 0.17% | 0.72% | 2.52% | 3.69% | 6.61% | 3.99% | 5.03% | 6.94% | 7.23% | 7.55% | 5.43% | 4.99% | 6.01% | 6.90% |
| Kotak Corporate Bond Fund Standard | 0.16%₹ 10,015 | 0.74%₹ 10,073 | 2.64%₹ 10,263 | 3.73%₹ 10,373 | 6.95%₹ 10,695 | 7.48%₹ 12,478 | 4.73%₹ 10,969 | 5.60%₹ 25,410 | 5.48%₹ 11,739 | 5.18%₹ 38,948 | 6.94%₹ 13,987 | 6.04%₹ 69,885 | - | - |
| ICICI Prudential Corporate Bond Fund | 0.19%₹ 10,018 | 0.75%₹ 10,074 | 2.44%₹ 10,244 | 3.91%₹ 10,390 | 7.72%₹ 10,771 | 8.00%₹ 12,511 | 5.27%₹ 11,081 | 6.26%₹ 25,578 | 5.91%₹ 11,882 | 5.73%₹ 39,268 | 7.42%₹ 14,303 | 6.59%₹ 70,863 | 7.73%₹ 21,070 | 7.27%₹ 1,74,513 |
| Aditya Birla Sun Life Corporate Bond Fund | 0.19%₹ 10,018 | 0.80%₹ 10,080 | 2.49%₹ 10,248 | 3.85%₹ 10,385 | 7.55%₹ 10,755 | 7.78%₹ 12,497 | 4.94%₹ 11,013 | 5.91%₹ 25,490 | 5.97%₹ 11,902 | 5.52%₹ 39,147 | 7.65%₹ 14,457 | 6.65%₹ 70,959 | 8.00%₹ 21,607 | 7.51%₹ 1,76,665 |
| Invesco India Corporate Bond Fund | 0.16%₹ 10,015 | 0.70%₹ 10,070 | 2.55%₹ 10,255 | 3.67%₹ 10,366 | 6.66%₹ 10,666 | 7.21%₹ 12,461 | 4.09%₹ 10,834 | 5.09%₹ 25,280 | 5.04%₹ 11,591 | 4.66%₹ 38,645 | 7.03%₹ 14,049 | 5.84%₹ 69,538 | 6.46%₹ 18,700 | 6.38%₹ 1,66,545 |
| IDFC Corporate Bond Fund | 0.16%₹ 10,016 | 0.67%₹ 10,067 | 2.15%₹ 10,215 | 3.46%₹ 10,346 | 6.35%₹ 10,635 | 6.67%₹ 12,427 | 3.89%₹ 10,792 | 4.72%₹ 25,187 | 5.18%₹ 11,639 | 4.50%₹ 38,550 | 6.83%₹ 13,915 | 5.75%₹ 69,379 | - | - |
| UTI Corporate Bond Fund | 0.19%₹ 10,018 | 0.76%₹ 10,075 | 2.58%₹ 10,258 | 3.74%₹ 10,374 | 6.72%₹ 10,672 | 7.35%₹ 12,470 | 4.48%₹ 10,916 | 5.43%₹ 25,368 | 5.32%₹ 11,685 | 4.99%₹ 38,836 | - | - | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of Kotak Corporate Bond Fund Standard
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 76.30% | ₹ 7,558.12 Cr. |
| GOI | 16.37% | ₹ 1,620.90 Cr. |
| T-Bills | 0.94% | ₹ 93.35 Cr. |
| Others | 6.39% | - |
Top Debt Holdings of Kotak Corporate Bond Fund Standard
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 16.37% | ₹ 1,620.90 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 9.54% | ₹ 945.47 Cr. |
| Bond - Power Finance Corporation Ltd. | 9.01% | ₹ 893.51 Cr. |
| Bond - Bajaj Finance Ltd. | 7.10% | ₹ 703.43 Cr. |
| Bond - Small Industries Development Bank Of India | 6.58% | ₹ 651.71 Cr. |
| Others | 51.40% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 4.92% |
| Net Receivables | 1.47% |